Forum Archive Index - October 1999

[james chamley <james.chamley@xtra.co.nz>]

Chris Darby wrote:
> 
> I have been offered stock by an Auckland broker in the yet to list
> Selector Group Ltd, a young technology company that has developed a
> personnel assessment software programme.
> 
> The programme, SelectorPA, is targeted at airline pilot and air traffic
> controller recruitment.  It measures general ability, provides a detailed
> psychometric profile report and identifies specific task related
> competencies of candidates undertaking a test.
> 
> In an industry which appears eternally beset with cost cutting the
> prospects may be encouraging.  Considering the high cost of training for
> pilots and controllers, and the low/ average pass rates, maybe prospects
> are better than encouraging.
> 
> Has anybody had a similar offering of stock?
> Do you see merit in the programme?
> What do you know about Selector Group Ltd, its directors and major
> shareholders?
> 
> It is the intention of the directors to seek ASX listing via a shell
> company in '00.
> 
> Any thoughts?
> 
> Chris.
> 
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Chris

The market for this would have to be overseas as the New Zealand Market
is too small.  Air NZ is rumoured to be looking for between 10 and 100
aircrew next year (but we have all heard such rumours for years and seen
no such employment taking place).  Even 100 pales into insignificance
compared with the recruiting which takes place off these shores.

In New Zealand the "failure" rate for those that are selected by the
major carrier is pretty low - if you get that far you can obviously fly
ok.  Every airline already has a pretty well developed pilot selection
programme so what does this do that theirs do not do?

That aside the market would have to be with major carriers that take on
lower time pilots (eg Singapore Airlines / Malaysian etc who offer
"cadet" programmes to indigenous applicants).  The major Chinese
carriers would also be a potential as they also hire zero-time recruits.

European carriers also hire pilots with considerably less experience
than those in Australasia and even the USA.  They also carry much of the
cost for type conversion and even licence conversion so they could also
be interested.

Be aware that the aviation industry in parts of Asia is recovering
rapidly (Cathay for example is on the lookout for more aircraft) whilst
other parts of Asia are still in the doldrums.  In the doldrums also
Australia/NZ but the USA and Europe are very healthy.

Hope this is of some help

james

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